Multifamily Land Near Tarleton
Rosebud Drive Stephenville, TX 76401
For Sale
$525,000
LAND - Stephenville, TX
Lot Size1.24 Acres
Days on Market52
Property Features for Rosebud Drive
General Information
- Property type
- Land
- Property subtype
- Other
- Vegetation
- Grassed
- Standard status
- Active
- APN
- R000032680
- Lot size
- 1.24 Acres
Taxes and HOA fees
- Tax Description
- ACRES: 1.241 S5250 NORTH HILLCREST; BLOCK 1;
- Tax Annual Amount
- 696
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency:
Stag Residential
(940) 400-7824
Listed By:
Jeff Withers · License #0644917
(940) 400-7824
Added: Jun 3
Changed: Jun 13
Last Checked: Jul 24 at 1:06AM
MLS# 21037808
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Investment Insights
Based on property information with market context.
This 1.241-acre parcel is zoned R3 Multifamily and presents an opportunity for development. The site is located just over one mile from Tarleton State University, making it suitable for a 25–30 unit multifamily development. The location caters to the demand for rental housing from students, faculty, and the local workforce. This property is suited for investors and developers looking for a value-add project in a market characterized by consistent occupancy rates and steady rental demand. The limited supply of multifamily land near the university enhances the value of this tract, offering the potential to capitalize on both location and zoning flexibility.
Key Highlights
- R3 Multifamily zoning allows for 25‑30 unit development.
- Located just over one mile from Tarleton State University.
- High rental demand from students, faculty, and local workforce.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
FAQs
What type of property is this?
Residential land & home lot - Strategically located land parcel zoned for multifamily development near university.
Where is this residential land & home lot located?
The property is located at Rosebud Drive Stephenville, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: R3 Multifamily zoning allows for 25‑30 unit development.; Located just over one mile from Tarleton State University.; High rental demand from students, faculty, and local workforce.
